Lockheed Martin, Tata ink deal to make F-16 fighters in India

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PTI

June 19, 2017

UPDATED: June 19, 2017 20:35 IST

By Aditi Khanna

London, Jun 19 (PTI) Tata Group and American aerospace giant Lockheed Martin today signed an "unprecedented" deal to jointly produce the combat-proven F-16 fighter jets in India, boosting Prime Minister Narendra Modis Make in India plan ahead of his first summit with US President Donald Trump.

Under the deal, Lockheed will shift its Fort Worth, Texas plant to India without directly affecting American jobs, a campaign pledge of Trump who has vowed to put "America First".

The deal announced during the Paris Airshow between Tata Advanced Systems Ltd (TASL) and Lockheed Martin is ideally suited to meet Indian Air Forces single-engine fighter needs.

According to defence experts, the Air Force needs around 200 medium weight category aircraft.

The announcement of the deal comes a week ahead of Modis meeting first bilateral meeting with Trump after the billionaire tycoon became the president of the US in January.

The agreement was signed by Sukaran Singh, CEO of TASL, and George Standridge, vice president of Strategy and Business Development, Lockheed Martin Aeronautics. Ratan Tata, Chairman Emeritus, Tata Sons, and Orlando Carvalho, executive vice president of Lockheed Martin Aeronautics, were also present.

The two companies said this unmatched US-Indian industry partnership directly supports New Delhis initiative to develop private aerospace and defence manufacturing capacity in the country under the Make in India initiative.

"This agreement builds on the already established joint venture between Lockheed Martin and Tata and underscores the relationship and commitment between the two companies," said N Chandrasekaran, chairman of Tata Sons.

The company said the "unprecedented" F-16 production partnership between the worlds largest defence contractor and Indias premier industrial house provides India the opportunity to produce, operate and export F-16 Block 70 aircraft, the newest and most advanced version of the worlds most successful, combat-proven multi-role fighter.

F-16 production in India supports thousands of Lockheed Martin and F-16 supplier jobs in the US, creates new manufacturing jobs in India, and positions Indian industry at the centre of the most extensive fighter aircraft supply ecosystem in the world.

"Lockheed Martin is honoured to partner with Indian defence and aerospace leader Tata Advanced Systems Limited on the F-16 programme," said Orlando Carvalho, executive vice president of Lockheed Martin Aeronautics.

"Our partnership significantly strengthens the F-16 Make In India offer, creates and maintains numerous new job opportunities in India and the US, and brings the worlds most combat-proven multi-role fighter aircraft to India," he said.

With more than 4,500 produced and approximately 3,200 operational aircraft worldwide being flown today by 26 countries, the F-16 remains the worlds most successful, combat-proven multi-role fighter ever produced.

Lockheed Martin claims the F-16 Block 70 is the newest and most technologically advanced F-16 ever offered. And TASL, a Tata Group firm, is focused on providing integrated solutions for Aerospace, Defence and Homeland Security. PTI AK ABH AKJ ABH

This is unedited, unformatted feed from the Press Trust of India wire.

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